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Hotcoin announced the upcoming launch of SPCXUSDT pre-IPO perpetual futures, allowing trading with up to 20x leverage ahead of the SpaceX IPO, starting June 2 at 15:00 (UTC+8).
Hotcoin has announced that it will launch SPCXUSDT pre-IPO perpetual futures, which will allow users to trade expectations for SpaceX’s listing before the company’s initial public offering. Trading is set to open on June 2 at 15:00 (UTC+8), with leverage options of up to 20x.
The announcement highlights access to pre-IPO market pricing for SpaceX, but no further details on contract terms or the basis for pricing were provided.
Hotcoin is an international digital asset trading platform established in 2017, offering spot, margin, and futures trading, along with crypto loans and copy trading. It supports over 330 cryptocurrencies and is regulated by AUSTRAC and authorities in Dubai. The platform is accessible in desktop, web, and mobile versions; more details can be found in the broker profile on Traders Union.
For more on Hotcoin's recent promotions, see the previous Hotcoin update on Traders Union, which covered the launch of the 'Double Rewards Days' with a 200,000 USDT prize pool for futures traders. Learn more in the previous Hotcoin update on Traders Union.